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7888 SE 70th Ave, Portland, OR, 97206

2beds
2baths
1,026sqft
$415,000
$404price/sqft
$2,719/moest. monthly cost
$108,760/yrincome needed

About This Home

This property is eligible for a LARGE down payment assistance GRANT with NO repayment required for qualified buyers. Designed with flexibility and modern living in mind, this exceptional new construction home offers a floor plan RARELY found in today’s market. The MAIN LEVEL features a private BEDROOM, full bath, and laundry—perfect for hosting guests, working from home, or enjoying the ease of MAIN-LEVEL LIVING. At the heart of the home, the open-concept living space is both inviting and functional, featuring QUARTZ countertops, stainless steel appliances, PANTRY and a FIREPLACE that adds warmth and character. Upstairs, the primary EN-SUITE feels like a true retreat with VAULTED ceilings, a beautifully appointed bathroom, and a generous WALK-IN closet. Open bonus LOFT perfect for office or bonus sitting area. Step outside and unwind whether on covered back PRIVATE PATIO or within the front COVERED patio, offering multiple ways to enjoy the outdoors. With off-street parking, 2 storage closets and an unbeatable location, this home delivers the perfect balance of comfort, VERSATILITY, and style. Homes like this don’t come around often—schedule your showing today.* Promotional financing available from Gesa Credit Union for this home as low as 4.99% [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10247144]

Getting Around

65
WalkingSomewhat Walkable
40
TransitSome Transit
87
BikeVery Bikeable

Schools

6/10
6/10
Lane Middle SchoolGrades 6-80.6 mi
7/10
Cleveland High SchoolGrades 9-123.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Board & Batten Siding,Cement Siding,Tongue and Groove

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Range,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Sliding Doors,Closet
  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Features

  • Ceiling Fan(s),High Ceilings,Quartz,Vaulted Ceiling(s),Closet,Peninsula,Built-in Features,Living Room Dining Room Combo,Pantry,Tile
  • Door features: Sliding Doors,French Doors
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes

Heating

  • Heating features: Mini Split,Fireplace(s)

Interior Area

  • Total structure area: 1,026
  • Total interior livable area: 1,026 sqft

Kitchen

  • Features: Dishwasher, Microwave,Free Standing Range, Peninsula, Quartz
  • Level: Main

Living Room

  • Features: Builtin Features, Fireplace, French Doors, Living Room Dining Room Combo
  • Level: Main

Master Bedroom

  • Features: Closet, Vaulted Ceiling
  • Level: Upper

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Main Floor Bedroom Bath,Pathway,Utility Room On Main,Accessibility

Details

  • Parcel number: New Construction

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Patio,Patio
  • Exterior features: Yard
  • Fencing: Fenced

Lot

  • Features: Level,SqFt 0K to 2999

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,098$25,176
Home Insurance *$93$1,116
Property Taxes $352$4,224
Electricity $176$2,119
Total$2,719$32,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,222/yr
40% on housing$81,570/yr
45% on housing$72,506/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$404This listing

vs Other Active Listings

Avg $/sqft

ZIP 97206$229
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97206$323
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$425,000

New Construction

AgentGretchen Spring
BrokerageRE/MAX Equity Group

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